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Article XVI Section 23 California Constitution – Public Finance

Article XVI Section 23 California Constitution

Below is the content of Article XVI Section 23 of the California Constitution

The tax imposed by the California Healthcare, Research and Prevention Tobacco Tax Act of 2016 and the revenue derived therefrom, including investment interest, shall not be considered General Fund revenues for purposes of Section 8 and its implementing statutes, and shall not be considered “General Fund revenues,” “state revenues,” or “General Fund proceeds of taxes” for purposes of subdivisions (a) and (b) of Section 8 and its implementing statutes.


See also: Article XVI Section 22 California Constitution

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